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Areva: implements capital increase.

(CercleFinance.com) - Areva SA's board of directors has announced that it has started to implement the 2 billion euro capital increase that is reserved for the French State, which now owns 92.
22% of the capital and 91.69% of total voting rights.

The aim of this capital increase - in addition to the proceeds from the sale of current assets - is to enable the group to meet its cash requirements and in particular to ensure the successful completion of the OL3 project.

NewCo's board of directors has launched the capital increase process reserved for the State for 2.5 billion euros and the putting into trust of JNFL and MHI's subscriptions for 500 million euros, in order to complete these operations by 31 July at the latest.


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